Name
As of 04/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
0.5%
1 yr return
5.8%
3 Yr Avg Return
-4.2%
5 Yr Avg Return
0.3%
Net Assets
$51.2 M
Holdings in Top 10
20.6%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.46%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 57.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
FIQYX - Profile
Distributions
- YTD Total Return 0.5%
- 3 Yr Annualized Total Return -4.2%
- 5 Yr Annualized Total Return 0.3%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.96%
- Dividend Yield 3.3%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameFidelity Global Credit Fund
-
Fund Family NameFidelity Group of Funds
-
Inception DateOct 02, 2018
-
Shares OutstandingN/A
-
Share ClassZ
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerMichael Foggin
Fund Description
FIQYX - Performance
Return Ranking - Trailing
Period | FIQYX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.5% | -15.2% | -2.4% | 91.54% |
1 Yr | 5.8% | -10.4% | -2.5% | 51.91% |
3 Yr | -4.2%* | -1.2% | 4.2% | 7.63% |
5 Yr | 0.3%* | -0.1% | 3.7% | 2.06% |
10 Yr | N/A* | 0.0% | 4.6% | N/A |
* Annualized
Return Ranking - Calendar
Period | FIQYX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 3.1% | -9.4% | -0.6% | 11.29% |
2022 | -24.4% | -1.3% | 7.0% | 34.51% |
2021 | -2.9% | 0.5% | 200.9% | 5.50% |
2020 | 4.5% | -15.5% | 3.1% | N/A |
2019 | 10.5% | -0.6% | 30.6% | N/A |
Total Return Ranking - Trailing
Period | FIQYX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.5% | -15.2% | -2.4% | 91.54% |
1 Yr | 5.8% | -12.6% | -2.5% | 45.04% |
3 Yr | -4.2%* | -1.6% | 4.2% | 6.78% |
5 Yr | 0.3%* | -0.1% | 3.7% | 2.06% |
10 Yr | N/A* | 0.0% | 4.6% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | FIQYX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 7.2% | -9.4% | -0.6% | 11.29% |
2022 | -19.7% | -1.3% | 7.0% | 34.51% |
2021 | -0.4% | 0.5% | 200.9% | 5.50% |
2020 | 8.5% | -15.5% | 3.3% | N/A |
2019 | 14.5% | 0.1% | 30.6% | N/A |
NAV & Total Return History
FIQYX - Holdings
Concentration Analysis
FIQYX | Category Low | Category High | FIQYX % Rank | |
---|---|---|---|---|
Net Assets | 51.2 M | 21.8 M | 93.5 B | 77.86% |
Number of Holdings | 198 | 5 | 7040 | 84.09% |
Net Assets in Top 10 | 10.8 M | -839 M | 6.06 B | 59.85% |
Weighting of Top 10 | 20.65% | 6.1% | 100.0% | 60.61% |
Top 10 Holdings
- Fidelity Cash Central Fund 4.63%
- UNITED STATES TREASURY BOND 1.125% 08/15/2040 2.20%
- UNITED STATES TREASURY BOND 3.875% 05/15/2043 1.96%
- UNITED STATES TREASURY BOND 3.625% 05/15/2053 1.95%
- CLOVERIE PLC 4.5/VAR 09/11/2044 REGS 1.90%
- PETROLEOS MEXICANOS 6.5% 03/13/2027 1.78%
- JOHN LEWIS PLC 6.125% 01/21/2025 1.67%
- ARGENTUM NETHERLANDS BV 5.75%/VAR 08/15/2050 REGS 1.64%
- UNITED STATES TREASURY BOND 6.25% 05/15/2030 1.63%
- QBE INS GROUP LTD 6.75%/VAR 12/02/2044 REGS 1.29%
Asset Allocation
Weighting | Return Low | Return High | FIQYX % Rank | |
---|---|---|---|---|
Bonds | 82.67% | 36.86% | 100.73% | 81.82% |
Convertible Bonds | 13.86% | 0.00% | 14.16% | 5.30% |
Preferred Stocks | 10.67% | 0.00% | 0.73% | 83.33% |
Cash | 6.16% | -2.75% | 67.17% | 32.58% |
Other | 0.50% | -8.93% | 0.72% | 74.24% |
Stocks | 0.00% | 0.00% | 0.70% | 87.88% |
Bond Sector Breakdown
Weighting | Return Low | Return High | FIQYX % Rank | |
---|---|---|---|---|
Corporate | 55.88% | 0.00% | 70.79% | 18.94% |
Cash & Equivalents | 4.63% | 0.00% | 51.02% | 6.82% |
Government | 2.23% | 1.71% | 97.31% | 98.48% |
Derivative | 0.50% | 0.00% | 50.79% | 67.42% |
Securitized | 0.07% | 0.00% | 29.11% | 90.15% |
Municipal | 0.00% | 0.00% | 3.10% | 87.12% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | FIQYX % Rank | |
---|---|---|---|---|
US | 41.75% | -11.86% | 53.57% | 57.58% |
Non US | 40.92% | 26.05% | 98.85% | 49.24% |
FIQYX - Expenses
Operational Fees
FIQYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.46% | 0.02% | 1.81% | 62.50% |
Management Fee | 0.40% | 0.00% | 0.83% | 81.82% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.45% | N/A |
Sales Fees
FIQYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.25% | 4.75% | N/A |
Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
FIQYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | N/A | N/A | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
FIQYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 57.00% | 2.00% | 402.00% | 52.25% |
FIQYX - Distributions
Dividend Yield Analysis
FIQYX | Category Low | Category High | FIQYX % Rank | |
---|---|---|---|---|
Dividend Yield | 3.27% | 0.00% | 2.20% | 10.61% |
Dividend Distribution Analysis
FIQYX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | Annually | Monthly | Monthly |
Net Income Ratio Analysis
FIQYX | Category Low | Category High | FIQYX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.96% | -0.30% | 3.10% | 9.16% |
Capital Gain Distribution Analysis
FIQYX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Apr 08, 2024 | $0.062 | OrdinaryDividend |
Jul 10, 2023 | $0.068 | OrdinaryDividend |
Apr 06, 2023 | $0.081 | OrdinaryDividend |
Dec 22, 2022 | $0.264 | OrdinaryDividend |
Oct 10, 2022 | $0.063 | OrdinaryDividend |
Jul 05, 2022 | $0.056 | OrdinaryDividend |
Apr 04, 2022 | $0.045 | OrdinaryDividend |
Oct 04, 2021 | $0.049 | OrdinaryDividend |
Jul 06, 2021 | $0.036 | OrdinaryDividend |
Apr 06, 2021 | $0.062 | OrdinaryDividend |
Oct 05, 2020 | $0.055 | OrdinaryDividend |
Jul 13, 2020 | $0.055 | OrdinaryDividend |
Apr 06, 2020 | $0.057 | OrdinaryDividend |
Oct 07, 2019 | $0.065 | OrdinaryDividend |
Jul 08, 2019 | $0.042 | OrdinaryDividend |
Apr 08, 2019 | $0.051 | OrdinaryDividend |
Dec 27, 2018 | $0.064 | OrdinaryDividend |
FIQYX - Fund Manager Analysis
Managers
Michael Foggin
Start Date
Tenure
Tenure Rank
May 19, 2014
8.04
8.0%
Michael Foggin is a portfolio manager at Fidelity Institutional Asset Management (FIAM), an investment organization within Fidelity Investments’ asset management division that is dedicated to serving the needs of consultants and institutional investors, such as defined benefit and defined contribution plans, endowments and financial advisors. In this role, he manages the Global and International Credit Portfolios as part of the Global Fixed Income Team. Prior to joining Fidelity in July 2012, Mr. Foggin was a Fixed Income portfolio manager at Schroders from 2006 to 2012. Previously he worked
Matthew Bartlett
Start Date
Tenure
Tenure Rank
Jun 01, 2017
5.0
5.0%
Matt Bartlett is a portfolio manager in the Fixed Income division at Fidelity Investments. In this role, Mr. Bartlett is a member of the bond division's Credit/Liability Driven Investments Team. Additionally, he manages Fidelity Corporate Bond ETF, Fidelity Series Corporate Bond Fund, Fidelity and Fidelity Advisor Corporate Bond, Global Credit, and Short Duration High Income Funds. Mr. Bartlett earned his bachelor of business administration degree in finance from James Madison University and his master of business administration degree in finance from Loyola University.
Andrew Lewis
Start Date
Tenure
Tenure Rank
Jun 01, 2017
5.0
5.0%
Since joining Fidelity Investments in 2009, Mr. Lewis has worked as a managing director of research in the UK, research analyst, and a portfolio manager.
Lisa Easterbrook
Start Date
Tenure
Tenure Rank
Oct 01, 2021
0.66
0.7%
Lisa Easterbrook is co-manager of the fund, which she has managed since October 2021. Since joining Fidelity Investments in 2011, Ms. Easterbrook has worked as a research analyst and portfolio manager.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.12 | 31.42 | 5.43 | 0.92 |